New Jersey A3969 increases solar development goals and extends the SREC-II program target dates to 2035.
New Jersey A3969 modifies the SREC-II program by raising the solar development goals and extending the target dates to 2035. The bill sets new goals for the generation of solar power, including at least 300 megawatts of net-metered solar facilities per year, 3,000 megawatts of community solar facilities between October 1, 2025, and December 31, 2029, and at least 150 megawatts of community solar facilities per year thereafter. It also extends the duration of the SREC-II program to 2035.
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